NASDAQ$RIVN

Rivian Automotive · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Rivian reported Q3 2025 revenue of $874M with a net loss of $1.1B ($(1.08) per share).

Third-quarter revenue was $874 million while the company posted a net loss of $1.1 billion, or $(1.08) per diluted share. Rivian continues scaling R2 development and Volkswagen Group JV investments while managing production and delivery cadence.

  • Q3 revenue $874M.
  • Net loss $1.1B; diluted EPS $(1.08).
  • Volkswagen Group partnership and R2 program remain strategic priorities.
  • Cash and liquidity support ongoing development and manufacturing.

Headline financials

Total Revenue

$1.56B

Previous: $874M+78.3%
EPS (adj)

-$1.08

Previous: -$1.08+0.0%
Vehicles Produced

10.7K

Previous: 13.2K-18.5%
Vehicles Delivered

13.2K

Previous: 10.0K+31.8%
Adjusted EBITDA

-$602M

Previous: -$757M+20.5%
Capital Expenditures

$447M

Previous: $277M+61.4%
Net Income

-$1.17B

Previous: -$1.1B-6.6%
Operating Income

-$983M

Previous: -$1.17B+15.9%
Gross Profit

$24M

Previous: -$392M+106.1%

Revenue & EPS history

Rivian · Revenue · Quarterly

$1.56B

Q3 2025+78.3%vs Q3 2024
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

The filing discusses Rivian Automotive's outlook, capital deployment, and key risks without relying solely on numeric EPS guidance.

Tailwinds

  • Rivian Automotive cites execution on strategic priorities in the filing.
  • Balance sheet and liquidity support continued operations.

Headwinds

  • GAAP profitability remained under pressure in the quarter.
  • Macro, competitive, and cost pressures may affect margins.
  • Segment mix and one-time items can affect comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-2.6%

Avg return

Earnings day

-3.8%

Avg return

5 days after

-3.1%

Avg return

30 days after

43%

10 / 23 earnings

Positive

+26.6%

Q4 2025

Best reaction

-27.9%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.3%-11.7%-0.6%
Q4 2025+26.6%+15.4%+6.1%
Q3 2025+17.2%+31.3%+43.6%
Q1 2025-5.6%+8.4%+3.7%
Q4 2024-4.7%-16.2%-14.8%
Q3 2024+9.1%+9.0%+33.9%
Q2 2024-5.6%-4.5%-6.0%
Q1 2024-0.6%-3.3%+13.6%
Q4 2023-27.9%-32.7%-32.0%
Q3 2023-1.0%-10.4%+11.7%
Q2 2023-7.9%-11.2%-3.5%
Q1 2023+1.7%-6.9%+1.3%
Q4 2022-14.6%-8.3%-22.0%
Q3 2022+3.5%+7.9%-14.3%
Q2 2022+4.0%+2.2%+0.4%
Q2 2021+4.0%+2.2%+0.4%
Q1 2022+6.6%+9.1%+24.4%
Q1 2021+6.6%+9.1%+24.4%
Q4 2019-10.7%-18.9%-41.9%
Q4 2021-13.4%-15.8%-11.7%
Q4 2020-17.4%-11.5%-26.6%
Q3 2021-15.0%-15.8%-30.5%
Q3 2020-15.0%-15.8%-30.5%
Q2 2020
Q1 2020

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